ZIP 85045 vs ZIP 85012

85045 is one of 135 ZIP codes that lie mostly in Maricopa County, AZ.

Shaded by typical home value, it ranks 3 of the 38 nearby ZIPs shown.

85012 is one of 135 ZIP codes that lie mostly in Maricopa County, AZ.

Shaded by typical home value, it ranks 4 of the 39 nearby ZIPs shown.

6 school locations in 85012: 1 elementary, 1 middle, 3 high, 1 other.

In alphabetical order: BASIS Phoenix Central Primary, Central High School, Phoenix Coding Academy, Phoenix Educator Preparatory, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 85045 was worth $239,662.

Values peaked at $714,691 in July 2022. The latest reading is −7.3% from that peak.

As of August 2026: $662,687, −0.2% over twelve months.

Start with the typical home: $662,687. Put 20% down and borrow $530,150 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,671 a month in principal and interest.

The median household here earns $154,300 a year, $12,858 a month. So the payment takes 28.5% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 10.3% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $1,435.

In December 2020, with rates at 2.68%, it was $1,560.

By August 2026, at 6.67%, it was $3,409 — +118% since December 2020, while the home's value moved +38%.

Reported values rose +177% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $472,998. So the real change is +40%, not +177%.

85045: +177% since January 2000.

Maricopa County: +212% since January 2000.

Arizona: +207% since January 2000 — 85045 ran behind it by 30 points.

Against 398 Arizona ZIP codes, 85045 sits at the 79th percentile for affordability (price vs local income).

57th for appreciation (recent value growth); 68th for rental yield (rent vs price).

Owning the typical home costs about $4,333 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,800 a month.

Price divided by a year's rent: 19.7. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In January 2000 the typical home in 85012 was worth $159,796.

Values peaked at $646,968 in July 2022. The latest reading is −1.0% from that peak.

As of August 2026: $640,652, +1.5% over twelve months.

Start with the typical home: $640,652. Put 20% down and borrow $512,522 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,549 a month in principal and interest.

The median household here earns $80,242 a year, $6,687 a month. So the payment takes 53.1% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 13.2% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $957.

In December 2020, with rates at 2.68%, it was $1,535.

By August 2026, at 6.67%, it was $3,296 — +115% since December 2020, while the home's value moved +35%.

Reported values rose +301% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $315,374. So the real change is +103%, not +301%.

85012: +301% since January 2000.

Maricopa County: +212% since January 2000.

Arizona: +207% since January 2000 — 85012 ran ahead of it by 94 points.

Against 398 Arizona ZIP codes, 85012 sits at the 11th percentile for affordability (price vs local income).

81st for appreciation (recent value growth); 9th for rental yield (rent vs price).

Owning the typical home costs about $4,189 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,585 a month.

Price divided by a year's rent: 33.7. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 14 a month (Redfin, 3-month rolling data through August 2026).

On the shelf — homes for sale at the end of the period: 52.

Going out — closed sales: about 14 a month. The drain is drawn 4% narrower: the share of homes for sale that sell each month is 96% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 3.8 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 1 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 14 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 18 — so sales ran at 78% of it, and below it in 24 of the last 24 months.

Across Maricopa County, builders pulled permits for 31,651 new homes in 2025.

Of those, 54% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 10 a month (Redfin, 3-month rolling data through August 2026).

On the shelf — homes for sale at the end of the period: 57.

Going out — closed sales: about 8 a month. The drain is drawn 50% narrower: the share of homes for sale that sell each month is 50% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 7.1 months of supply — above the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 2 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 8 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 15 — so sales ran at 53% of it, and below it in 22 of the last 24 months.

Across Maricopa County, builders pulled permits for 31,651 new homes in 2025.

Of those, 54% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Maricopa County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 25,749 moved in. Among the ten receiving the most, 25,843 moved out.

Net across those counties: −94 households. Beside it, homes for sale in this ZIP: 52 in June 2026.

Most arrivals came from Pinal, AZ (6,549 households); most departures went to Pinal, AZ (10,805).

Of 1,512 homes with a recorded purchase date, 15% have had the same owner for 20 years or more, and 29% changed hands in the last five.

17% are owned from a different mailing address, 6% from out of state.

This ZIP sits in Maricopa County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 25,749 moved in. Among the ten receiving the most, 25,843 moved out.

Net across those counties: −94 households. Beside it, homes for sale in this ZIP: 57 in June 2026.

Most arrivals came from Pinal, AZ (6,549 households); most departures went to Pinal, AZ (10,805).

Of 538 homes with a recorded purchase date, 14% have had the same owner for 20 years or more, and 31% changed hands in the last five.

23% are owned from a different mailing address, 3% from out of state.